BMO cuts 5-year mortgage rate to 2.99%

Garry Marr

Maybe it’s a coincidence that former Finance Minister Jim Flaherty is gone but Bank of Montreal signalled it is about to kick off another round of mortgage rate wars.

The bank, which drew the wrath of Mr. Flaherty for starting a battle which saw rates drop to record lows, is ready to hit the marketplace again with its 2.99% offer for a closed five-year fixed rate mortgage.

Finance Minister Joe Oliver again warned Thursday that he is monitoring the mortgage market closely.

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 WARWICK, RI - January 28, 2014 (Investorideas.com renewable energy stocks newswire) Powerdyne International, Inc. (OTC:PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced that Murphy Analytics LLC, a prominent small cap research boutique led by Patrick J. Murphy has commenced research coverage of Powerdyne International, Inc. The analyst report is available here: www.powerdyneinternational.com

The report highlights the fact that energy consumption will continue to increase (28% in electricity consumption from 2012 to 2040 according to the Energy Information Administration), and there are "significant opportunity for alternative sources of electricity generation" such as those manufactured by Powerdyne International, Inc.

TriCo Bancshares and North Valley Bancorp Announce Agreement to Merge

    The combination creates the premier Northern California community banking franchise with over $3.5 billion in assets and approximately 80 branches

    North Valley shareholders to receive 100% stock consideration consisting of a fixed exchange ratio of 0.9433 shares of TriCo common stock in exchange for each share of North Valley common stock

TriCo Bancshares (NASDAQ: TCBK, "TriCo") and North Valley Bancorp (NASDAQ: NOVB, "North Valley") today jointly announced that the companies have agreed to combine their two leading northern California bank franchises in a transaction valued at approximately $178.4 million.

 New York, N.Y. - January 22, 2014 (www.investorideas.com newswire) Investorideas.com, an investor research and news portal covering leading sectors including technology and defense, announces new speakers and media partners for its upcoming Security and Defense Conference to be held in New York on March 11, 2014. Added to the growing list of speakers and presenters is Kris Tuttle Director of Research for SoundView Technology Group.

Investorideas.com Security and Defense Conference:

Game Changing Technologies: The Face and Future of Security